Below you'll find the Libor interest rate from 1 month till 1 year in US Dollar. Libor stands for London InterBank Offered Rate. The Libor rate is a calculated average of the interest rates the largest financial banks on the London money market charge to lend each other money.
The Libor rate is used often to calculate interest rates for futures, options, swaps and forward rate agreements. It is also used as a reference rate for mortgages, savings accounts, short interest bearing debts and to calculate the margin rates on an equity account with a stock broker. It should therefor come as no surprise that a lot of banks have manipulated the Libor interest rate in the past to their advantage. The total market value where the Libor rate is used should come close to 20 trillion dollar ($20.000.000.000.000,00). Even a 0,01% difference would generate a yearly benefit of 2 billion dollar to the involved banks.
In the widget below you can manual select the period on which the Libor rates needs to be calculated. By pressing View Rate, the most current rate will be shown. Also a chart is presented with the price history from the last 5 till 20 years.